Martin moves across town to join Getafe on a season-long loan.
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The 21 year-old enjoyed a previous loan with Real Valladolid and his new deal does not include a permanent option.
Indeed, it's suggested Real management are keen to see Martin get a full season of senior football under his belt to help accelerate his development.
Getafe coach Jose Bordalas is expected to treat Martin as an instant first-choice for his midfield.